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2024-04-16 15:46:48

Financial Times on Nostr: US to grow at double the rate of G7 peers this year, says IMF ========== The ...

US to grow at double the rate of G7 peers this year, says IMF
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The International Monetary Fund (IMF) predicts that the US will grow at double the rate of its G7 peers this year. The IMF forecasts a growth rate of 7% for the US, compared to an average of 3.6% for the G7 countries. This projection reflects the strong recovery of the US economy from the COVID-19 pandemic, driven by fiscal stimulus measures and successful vaccination efforts. The IMF also expects China's economic growth to reach 5.3% this year. The article highlights the potential impact of the US growth on global financial markets, including bond and currency markets. It also mentions other news topics such as the Israel-Hamas war, Donald Trump's 'hush money' trial, and Tesla's plan to cut 10% of its global workforce.



https://www.ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
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